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Showing search results for ‘Eurozone’
619 results found
SBS News
Euro jumps in Asian trade after Spanish bailout
The euro jumped against other major currencies in early Asian trade after the 17-nation eurozone agreed to lend Spain up to 100 billion euros to rescue its battered banking system.
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SBS News
EU inflation in surprise fall to 0.7%
Latest Eurostat figures show that inflation across the 18-nation eurozone has surprisingly dropped 0.1 per cent to 0.7 per cent.
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SBS News
Portugal reaches bail-out deal
Eurozone member Portugal has reached a "good agreement" on a three-year bailout package worth 78 billion euros from the EU and IMF, the outgoing PM says.
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SBS News
Europe facing recession in 2012, warns EU
The EU has warned that the eurozone could slip back into recession next year as the debt crisis shows alarming signs of spinning out of control.
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SBS News
Greeks vent their anger over bailout deal
To secure a new bailout deal, the Greek government must push through parliament draconian reforms in a matter of days.
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SBS News
EU summit on Greece scrapped
The EU has cancelled a full 28-nation summit on Sunday to decide Greece's fate in the European single currency zone.
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SBS News
Moody's cuts Ireland debt rating to junk
Ratings agency Moody's cut Ireland's bonds to junk status and warned of further downgrades as the eurozone economy struggles to pull out of a financial crisis.
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SBS News
Wall Street shares strengthen
Wall Street enters a quiet pre-holidays week following a tumultuous week that ended with strong gains despite grave concerns about the eurozone and mixed US economic data.
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SBS News
Italy in limbo as Bersani loses govt bid
Italian leftist leader Pier Luigi Bersani has lost his bid to form a new government, leaving the eurozone's third largest economy in limbo.
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SBS News
Portugal sets general election for June 5
Portugal will hold early general elections on June 5, after the struggling eurozone member hit a political impasse, President Anibal Cavaco Silva has announced.
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